Although the platform has explicit guidelines banning content that incites violence, a November article in The Atlantic pointed out at least 16 different newsletters with Nazi symbols, as well as many more supporting far-right extremism, leading to calls for change from many Substack authors and a refusal from leadership.
I agree with you; I think it is indeed the absolute bare minimum they had to do but I also agree with xc2215x that it’s a good move. They moved from -100 to -99 on my shithead-o-meter scale